Quick Wrap: Nifty Realty Index registers a drop of 2.73%

Nifty Realty index closed down 2.73% at 990.7 today. The index has lost 9.00% over last one month. Among the constituents, Sobha Ltd fell 3.66%, Phoenix Mills Ltd dropped 3.21% and Macrotech Developers Ltd slipped 3.04%. The Nifty Realty index has increased 14.00% over last one year compared to the 8.82% spike in benchmark Nifty 50 index. In other indices, Nifty Energy index has slid 2.03% and Nifty PSE index has slid 1.75% on the day. In broad markets, the Nifty 50 has slid 0.69% to close at 23526.5 while the SENSEX has declined 0.68% to close at 77620.21 today.

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